Latest Offtake Agreements News

Orion Minerals is on the cusp of finalising a significant financing and offtake agreement with Glencore, potentially unlocking up to US$250 million for its Prieska Copper Zinc Mine.

5E Advanced Materials has announced a significant upgrade to its Fort Cady Project, increasing measured and indicated borate resources by 61% and lithium resources by 54%, positioning it as a leading domestic supplier of critical minerals.

Tivan Limited has dispatched its inaugural acid grade fluorspar samples from the Speewah Fluorite Project to potential buyers in Japan and Asia, marking a significant step in its offtake marketing program led by Sumitomo Corporation.

Sheffield Resources announces a $6.5 million contribution to support the Thunderbird Mineral Sands Mine as Kimberley Mineral Sands navigates ongoing debt restructuring discussions with lenders.

Cobalt Blue Holdings is pivoting its Broken Hill Technology Centre to process battery black mass, aiming to secure a sustainable domestic feedstock for its Kwinana Cobalt Refinery and unlock near-term revenue opportunities.

Cobre Limited has landed a $4 million strategic investment from Tribeca Investment Partners to accelerate development of its Ngami In-Situ Copper Recovery project in Botswana, marking a key step toward commercialising this promising copper resource.

Syrah Resources has secured an extension to address an alleged default under its Tesla offtake agreement, pushing the cure deadline to January 2026 while continuing negotiations.

Tivan Limited has locked in a substantial $61.3 million equity investment from ETFS Capital, advancing the Speewah Fluorite Project in Western Australia and reinforcing its strategic partnerships with major Japanese stakeholders.

Neometals’ Finnish subsidiary Novana Oy has been awarded a €48.7 million conditional grant from Business Finland to advance its €400 million Vanadium Recovery Project in Pori, aiming to produce up to 60% of Europe’s vanadium demand with a low-carbon footprint.

Tungsten Mining NL’s latest scoping study confirms Mt Mulgine as a globally significant critical minerals project with strong financial prospects and strategic positioning amid tightening tungsten supply.

Alliance Nickel has confirmed the technical strength of its NiWest project while navigating market headwinds and Stellantis’ offtake renegotiation, as it pursues a Nasdaq listing via SPAC to tap US capital markets.

Horseshoe Metals reports strong drilling results confirming extensive shallow copper mineralisation at its Horseshoe Lights Project, with Direct Shipping Ore operations set to begin this quarter amid active offtake and funding talks.